Revenues Tell The Story For Woolworths Group Limited (ASX:WOW)
Nov 07
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Australian (ASX) Food and Staples Retail Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies6
- 7D2.2%
- 3M-10.8%
- 1Y-3.6%
- YTD-9.4%
In the last week, the Food and Staples Retail industry is up 2.2%, with Woolworths Group up 2.8%. Meanwhile, GrainCorp actually underperformed within the industry, shrinking 9.7% in the last week. In contrast, the industry has lost 3.6% in the last 12 months. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Australian Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | AU$74.4b | AU$146.3b | AU$2.1b | 21.7x | 36x | 0.5x |
| Fri, 18 Oct 2024 | AU$78.1b | AU$146.9b | AU$2.1b | 20.2x | 37.1x | 0.5x |
| Sun, 15 Sep 2024 | AU$82.7b | AU$146.9b | AU$2.1b | 20.3x | 39.3x | 0.6x |
| Tue, 13 Aug 2024 | AU$81.1b | AU$142.8b | AU$1.9b | 19.5x | 43x | 0.6x |
| Thu, 11 Jul 2024 | AU$79.3b | AU$142.8b | AU$1.9b | 18.4x | 42.1x | 0.6x |
| Sat, 08 Jun 2024 | AU$77.7b | AU$142.8b | AU$1.9b | 19.3x | 40.9x | 0.5x |
| Mon, 06 May 2024 | AU$74.3b | AU$143.9b | AU$2.1b | 16.6x | 36.2x | 0.5x |
| Wed, 03 Apr 2024 | AU$78.2b | AU$143.9b | AU$2.1b | 17.1x | 38.1x | 0.5x |
| Fri, 01 Mar 2024 | AU$77.9b | AU$143.9b | AU$2.1b | 16.8x | 38x | 0.5x |
| Sun, 28 Jan 2024 | AU$80.0b | AU$140.9b | AU$3.7b | 18.7x | 21.6x | 0.6x |
| Tue, 26 Dec 2023 | AU$80.0b | AU$140.9b | AU$3.7b | 17.4x | 21.6x | 0.6x |
| Thu, 23 Nov 2023 | AU$76.5b | AU$140.8b | AU$3.7b | 16.6x | 20.7x | 0.5x |
| Sat, 21 Oct 2023 | AU$78.9b | AU$141.2b | AU$3.8b | 17.2x | 20.9x | 0.6x |
| Mon, 18 Sep 2023 | AU$82.2b | AU$141.2b | AU$3.8b | 18.4x | 21.8x | 0.6x |
| Wed, 16 Aug 2023 | AU$86.6b | AU$138.8b | AU$4.0b | 19.6x | 21.9x | 0.6x |
| Fri, 14 Jul 2023 | AU$88.2b | AU$138.8b | AU$4.0b | 20.4x | 22.3x | 0.6x |
| Sun, 11 Jun 2023 | AU$85.2b | AU$138.8b | AU$3.9b | 19.8x | 21.6x | 0.6x |
| Tue, 09 May 2023 | AU$87.9b | AU$138.1b | AU$4.0b | 20.9x | 22x | 0.6x |
| Thu, 06 Apr 2023 | AU$88.3b | AU$138.1b | AU$4.0b | 21.9x | 22.2x | 0.6x |
| Sat, 04 Mar 2023 | AU$85.0b | AU$138.1b | AU$4.0b | 21x | 21.3x | 0.6x |
| Mon, 30 Jan 2023 | AU$83.4b | AU$135.8b | AU$3.7b | 22.3x | 22.5x | 0.6x |
| Wed, 28 Dec 2022 | AU$81.0b | AU$135.8b | AU$3.7b | 21.5x | 21.9x | 0.6x |
| Fri, 25 Nov 2022 | AU$83.5b | AU$135.3b | AU$3.7b | 21.8x | 22.6x | 0.6x |
| Sun, 23 Oct 2022 | AU$80.5b | AU$134.2b | AU$3.7b | 20.8x | 22x | 0.6x |
| Tue, 20 Sep 2022 | AU$82.6b | AU$134.2b | AU$3.7b | 21.3x | 22.6x | 0.6x |
| Thu, 18 Aug 2022 | AU$94.2b | AU$130.7b | AU$3.5b | 26x | 27.3x | 0.7x |
| Sat, 16 Jul 2022 | AU$91.1b | AU$130.7b | AU$3.5b | 25.5x | 26.4x | 0.7x |
| Mon, 13 Jun 2022 | AU$83.7b | AU$130.0b | AU$3.5b | 23.4x | 24.3x | 0.6x |
| Wed, 11 May 2022 | AU$91.3b | AU$128.7b | AU$3.3b | 25x | 28x | 0.7x |
| Fri, 08 Apr 2022 | AU$89.7b | AU$128.7b | AU$3.3b | 24.4x | 27.5x | 0.7x |
| Sun, 06 Mar 2022 | AU$83.4b | AU$128.7b | AU$3.3b | 23.1x | 25.6x | 0.6x |
| Tue, 01 Feb 2022 | AU$79.9b | AU$126.1b | AU$3.4b | 21.5x | 23.8x | 0.6x |
| Thu, 30 Dec 2021 | AU$89.0b | AU$126.1b | AU$3.4b | 23.8x | 26.5x | 0.7x |
| Sat, 27 Nov 2021 | AU$90.8b | AU$126.0b | AU$3.4b | 23.9x | 27x | 0.7x |
Price to Earnings Ratio
27x
Current Industry PE
- Investors are optimistic on the Australian Consumer Retailing industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.0x which is higher than its 3-year average PE of 27.2x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.1% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Consumer Staples industry?
| AU Market | 1.37% | |
| Consumer Staples | 1.83% | |
| Food and Staples Retail | 2.16% | |
| Food Retail | 2.44% | |
| Drug Retail | 0% | |
| Big Box Super Stores | 0% | |
| Food Distributors | -1.43% | |
Industry PE
- Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 30.9x.
- Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings decline of 3.2% per year.
- Investors are most pessimistic about the Food Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.0x.
Forecasted Growth
- Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 3.2% per year.
- In contrast, the Food Distributors industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| WOW Woolworths Group | AU$30.14 | 2.8% +AU$1.0b | -12.5% | PE340.4x | |
| COL Coles Group | AU$18.16 | 3.1% +AU$721.3m | 18.9% | PE21.5x | |
| EDV Endeavour Group | AU$4.38 | 2.3% +AU$179.1m | -10.8% | PE15.3x | |
| MTS Metcash | AU$3.08 | 1.0% +AU$32.9m | -17.0% | PE13.1x |
